Electronic Banking

Information Services (Electronic)

Sarmaye Bank purchased a comprehensive banking operation system, which is an offline system under Dos, during the year 2006-2007 and equipped its first three branches namely Norther Shiraz – Seyed Jamaleddin branches in Tehran and Ahmad-Abad branch in Mashad province with them is under Dos The GL accounting activities were handled manually and were filled  in Excel  files and operation of other next branches was resumed under Negin System after signing contract with Kish Vir company.

The aforementioned system was online – real time and all other branches were covered by it and the first three branches were gradually furnished with the said system. The inefficiency of the system accompanied the Bank until the end of the year. The GL accounting system was contrived and was operational on Aban 1385 (November 2006) and was gradually introduced to there users. Aside from signing a contract with Kish Vir Company for backing up this system and rending electronic banking services to the customers, The Bank has taken the following steps:

Purchase of 50 units of A.T.M from Iran Argham Co. of which some 23 units have been set up and are in operation.

Purchase of Saba switching System from Iran - Argham Co. and linkage to the core Banking System 

Admittance of the Bank to Shetab system in order to be able to use all A.T.M machine of the entire banking network and furthering steps to link the Sarmaye Bank 

Membership in real time gross settlement in order to settle payment between banks and then between customers under supervision of the Central Bank. 

 Purchase of hard and software for R.T.G.S

Initiating R.T.G.S operation at first to settle transaction in chamber of inter-bank settlement and then customer to customer settlement during the forth coming year 1386 (2007-2008)

 Issuance of card for the employees and later for customers

 Purchase of date center machinery, including PC server, scanner printer, UPS switch, and swift equipment and settling it up

 Purchase and devise of Vsat system for branches

 Organizing branch Help -Desk

 Linkage to Swift

 Initiating operating at internal LAN for the head office building

 Initiating operation of internet site of the Bank with e-address as (www. sbank.ir)